BTC : Post FOMC.

JPow!!!

I wrote recently that the next move in BTC (and Crypto in general) was all about the FOMC. Dovish and we break to new highs now (Bullish Pennant), Hawkish and we push the break out to September.

Powell has clearly decided to let things break first, then react after. He knows he is trapped and has to cut. But has decided to cut AFTER a hard landing rather…